613-791-2550 | MIKE@MIKEROBINSON.CA

232 ST PATRICK STREET
Ottawa, Ontario K1N5K3

$2,200,000

ID# 1379596

Courtesy of RE/MAX HALLMARK REALTY GROUP

Listed on: April 19, 2024

On market: 13 days

PROPERTY DESCRIPTION

An attractive 6-unit building consisting of 3 commercial spaces & 3 residential units. The beauty salon business is also included as a bonus as the seller/owner is retiring. A viable business since 1979. It has 1,073 SF & market rent of $5000/mth gross. Two other commercial spaces were added at the rear of the salon in 1987 but have been rented as Airbnb. Apt #4 is a fully furnished modern 1 BDRM unit of approx 520 S.F w/6 appliances & market rent of $1800/mth all-inclusive. Apt #5, a modern and bright 2-storey loft style apt, approx 700 SF w/2 floors of windows, 2 skylights, 6 appliances & w/a market rent of $2000/mth all-inclusive. The 3 residential Apts are all 1 Bdrm and 2 have balconies, rented @ $1366/mth w/ a market rent of $1600/mth. There's 1 hot water boiler for the main building & a forced air furnace (2017) for the two rear GRND floor units. The electrical has been upgraded to a 400 amp service. 3 car parking in tandem. With 25% down VTB 1st mortgage at 8%. (id:25961)

Year Built	1885
Cooling Type	Central air conditioning
Heating Type	Forced air, Hot water radiator heat
Heating Fuel	Natural gas
Stories Total	3

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613-791-2550 | MIKE@MIKEROBINSON.CA

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232 ST PATRICK STREET Ottawa, Ontario K1N5K3

232 ST PATRICK STREET
Ottawa, Ontario K1N5K3